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January 6, 2023

Check out HBJ's 2023 economic forecast

Hartford Business Journal's first issue of 2023 includes an economic forecast section containing outlooks for the year ahead from various economists and industry experts.

Here’s a look at what they had to say:

Survey: HBJ/New Haven Biz readers more pessimistic about 2023

Statewide Forecasts

Fred Carstensen: Is CT’s economy finally recovering? Possibly, but jury’s still out

Fred McKinney: U.S., CT economies should expect slow down, possible recession in 2023

Economist Scorecards

Farhad Rassekh: Budget stability breeds optimistic economic outlook for CT

Don Klepper-Smith: CT’s long-term growth will depend on improving business climate

Patrick J. Flaherty: Despite macroeconomic pressures, CT’s underlying economy is strong

Steven P. Lanza: Storm clouds hover over U.S., CT economies

Real Estate Outlook

Amid increasing vacancy rates, Hartford office market prepped for a reset

In 2023, employers will seek out amenity-laden office space

Economic turbulence expected to tighten multifamily housing market

Industrial real estate market remains hot, but threat of slow down looms

Banking and Finance Outlook

As banks battle for talent, interest rates will weigh heavily on commercial loan demand in 2023

Health Care Outlook

Hospitals, other providers face financial headwinds, pressure to rein in healthcare costs

Manufacturing Outlook

Labor shortage, inflation will weigh heavily on CT manufacturers in 2023

Higher Education Outlook

Colleges focus on new business partnerships, degree programs to address workforce shortages

Human Resources Outlook

Tips for retaining workers in a still-tight labor market

Cannabis Outlook

CT cannabis industry to reach full steam by end of 2023

Law Outlook

Here’s how to better manage your employees’ performance in 2023

Accounting Outlook

2023 economic forecast: Ignore the headlines

Despite headlines, crypto will gain traction in the mainstream business community in 2023
 

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